Company Pension

Experting · 28 January 2017 at 12:30PM

I currently work for a UK company who offers a company pension. I have a question about contributions to the pension.

Should overtime pay be part of my contributions and my companies % contributions to my monthly payments into my pension?

I have looked around the companies pages and i cannot find any information on it.

[Deleted User] · 28 January 2017 at 12:35PM

Depends - where I used to work, some allowances were 'non pensionable' and others were. Suggest you ask / check the written contract.

davieg11 · 28 January 2017 at 1:12PM

Everywhere I have worked the % came off the basic salary. Never included overtime or shift allowance.

jamesperrett · 28 January 2017 at 7:56PM

Where I work weekend overtime is pensionable while weekdays are not.

ischofie1 · 28 January 2017 at 9:32PM

For our Co all O/T is included but we had to argue/negotiate for this as part of a DB closure.
I suspect it is not the norm but every scheme will have its own rules.

Thrugelmir · 28 January 2017 at 11:14PM

Overtime is not pensionable where I am.

Company Pension

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